In the coming hours, Ethereum (ETH) is predicted to see a spike in its price. The current trade price for the coin is $2,097.83 after rising 7.29% over the previousIn the coming hours, Ethereum (ETH) is predicted to see a spike in its price. The current trade price for the coin is $2,097.83 after rising 7.29% over the previous

Ethereum’s (ETH) Massive 10% Surge Faces Brutal Bearish Pressure

2026/02/16 18:30
3 min read

In the coming hours, Ethereum (ETH) is predicted to see a spike in its price. The current trade price for the coin is $2,097.83 after rising 7.29% over the previous 24 hours. The price of ETH rose more than the overall cryptocurrency market, which rose by 5.55 percent over the same time period. However, ETH also rose in relation to Bitcoin by 2.08%.

The current pricing projections indicate an increase in the price of ETH to $2,276.80 by February 19, 2026, with additional estimates indicating that it will rise approximately 10.73% over the next four days. Currently, the cycle’s maximum value is $2,139.46 while its minimum value is $1,764.23.

Source: CoinCodex

Resistance to the price of ETH currently exists at $2,101.27, $2,154.70, and $2,241.9,6 with the first support level being $1,960.58, the second $1,873.32, and the third $1,819.89.

Source: CoinCodex

The market shows considerable price movement, with the one-month period showing market volatility at an average of 18.79. In the last 30 days, Ethereum experienced 13 days of positive performance.

Also Read: Ethereum Founder Vitalik Buterin Warns Prediction Markets Are Losing Real Value

Short-Term Momentum Builds for Ethereum

In the very near future, buyers have begun to enter the market. The market is showing some bullish characteristics as it is trading above its 50-day Simple Moving Average (SMA) and its 200-day SMA. Since price trades above these trendlines, the market has remained above these levels of a key support zone, which supports the strength of the market.

The Relative Strength Index (RSI 14) indicates a level of 35.20, placing Ethereum (ETH) within the neutral and oversold range. However, there are currently no signs that ETH has become overbought or that it is in danger of being sold at depressed prices. There is enough room for upward movement, but that movement will depend on whether or not we can maintain our current momentum.

Source: CoinCodex

Long-Term Pressure Weighs on Ethereum

The trend overall shows greater weaknesses. Since last month, Ethereum has experienced a drop of 37.68%. Over the last three months, it has experienced a total decrease of 35.19% to date. There has also been a 22.66% depreciation since last year, when it was valued at $2712.57.

Source: CoinCodex

ETH reached its highest price of $4,946.50 on Aug 24, 2025. Since then, the market continues to lose buying power as shown by the indicators, which show caution and a total of 32 signals that predict 28 of those to continue to be negative by showing a pattern to follow in the coming months.

The Fear & Greed Index reading shows extreme fear at 9, indicating that most investors are hesitant regarding making additional investments. Fear creates opportunities but also creates uncertain situations.

The outlook appears to be promising for a potential 10.73% increase in the short term; however, the dominant trend shows continued volatility. The Ethereum network can only come into a long-term recovery cycle if it can establish support level breakout points while restoring trust in its products and services.

Also Read: Ethereum Price Prediction 2026-2032: Will ETH Reach $5,000 Soon?

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